Scalper1 News
Oracle’s (ORCL) transition to selling more cloud software won an upgrade from one investment bank, but another said Oracle is cutting costs to make sales. RBC Capital Markets analyst Ross MacMillan on Monday raised his rating on Oracle stock to outperform from sector perform, based on improving expectations for the company’s cloud business and its 12c database released in 2013. MacMillan also raised his price target on Oracle stock to 50 from 48. Scalper1 News
Scalper1 News